During the last session, Plug Power Inc (NASDAQ:PLUG)’s traded shares were 229.2 million, with the beta value of the company hitting 2.35. At the end of the trading day, the stock’s price was $1.78, reflecting an intraday gain of 25.35% or $0.36. The 52-week high for the PLUG share is $3.34, that puts it down -87.64 from that peak though still a striking 61.24% gain since the share price plummeted to a 52-week low of $0.69. The company’s market capitalization is $2.04B, and the average intraday trading volume over the past 10 days was 106.08 million shares, and the average trade volume was 121.38 million shares over the past three months.
Plug Power Inc (PLUG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.73. PLUG has a Sell rating from 3 analyst(s) out of 16 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it.
Plug Power Inc (NASDAQ:PLUG) trade information
Plug Power Inc (PLUG) registered a 25.35% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 25.35% in intraday trading to $1.78, hitting a weekly high. The stock’s 5-day price performance is 26.24%, and it has moved by 83.66% in 30 days. Based on these gigs, the overall price performance for the year is -16.43%. The short interest in Plug Power Inc (NASDAQ:PLUG) is 238.13 million shares and it means that shorts have 1.48 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.38, which implies a decrease of -28.99% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.1 and $1.8 respectively. As a result, PLUG is trading at a discount of -1.12% off the target high and 38.2% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -49.35%. While earnings are projected to return 77.79% in 2025, the next five years will return 52.22% per annum.
PLUG Dividends
Plug Power Inc is due to release its next quarterly earnings on 2025-May-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Plug Power Inc (NASDAQ:PLUG)’s Major holders
Plug Power Inc insiders own 5.34% of total outstanding shares while institutional holders control 43.25%, with the float percentage being 45.69%. VANGUARD GROUP INC is the largest shareholder of the company, while 566.0 institutions own stock in it. As of 2024-06-30, the company held over 69.97 million shares (or 9.4953% of all shares), a total value of $163.02 million in shares.
The next largest institutional holding, with 62.35 million shares, is of BLACKROCK INC.’s that is approximately 8.4622% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $145.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of Plug Power Inc (PLUG) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 30.74 shares. This amounts to just over 2.68 percent of the company’s overall shares, with a $54.72 million market value. The same data shows that the other fund manager holds slightly less at 24.68, or about 2.15% of the stock, which is worth about $43.93 million.
